Thursday, November 17, 2011

Latest News Updates..17/Nov/2011....


What next.
Payments are on the way it is expected to come in 3 weeks ....


As we all know that we have finally hear a one very positive news .And it had came from the house of supreme court this is indeed a victory  in that hearing of 17 October. Honorable Supreme Court had taken an initiative and had passed the order to give relief to the panelist through payout release .To ensure that the payment must go to panelist the Honorable Court had form a committee headed by former chief justice of India .


So now we will discuss all facts an assume at when the payment will come to our account to know 
exact calculation of dates we must analyse what can happen in 3 weeks .
                                     Hon'ble Justice Lahoti 
The committee headed by former chief justice of india was given a task to release the payments to 
the panelsit as soon as possible .The question arises will rbi eow and cid and it departments will 
listen to him as quick as they can.The answer is very simple .The committee which has been formed 
is very powerful in itself it has all the constitutional right to take action to ensure the right 
judgement .So there is a great power involved in it so no matter what happen it is for sure that 
payment will come soon.
It may take time to release payments may be 2 weeks minimum and 3 weeks maximum .But 
according to my view the first payment could come very soon. may be 24 october will be the day at 
when we can see the payments .For payments speakasia will have to take permissions from rbi and 
cid and eow and they will give permissions to committee may be in a weak . If they will not do 
immediately then they will have to face the hard words in court .So the final conclusion is that the 
supreme court factor will work here and may be RBI could submit there reply as quickly as they 
can. And the time which was given to eow is expiring at 27 october .So eow can't raise any single 
question against speakasia .So the final conclusion is that payment may come after 24 october 
anytime .With the immidiate effect the committee will take decision soon .So we have won half the 
battle once the payment will release there is not getting back a bright future for speakasia is waiting .

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